Greek parliament must vote on Wednesday Euro zone bailout conditions

Wednesday, July 15th 2015 - 06:40 UTC

Full article 6 comments

Greek Prime Minister Alexis Tsipras says he does not believe in a bailout offered by Euro zone leaders, but is willing to implement it. Tsipras described the deal as “harsh”, but said it was the only way for Greece to remain in the Euro. Read full article

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Briton
Apparently the UK government has been told it may well have to cough up one billion pounds to help with the bail out,

the government says it wont pay,

whatever Greece decides to do, someone somewhere has to pay,

And of course the UK gets to contribute forcibly.

so the grapevine says.
Jul 15th, 2015 - 09:51 am - Link - Report abuse 0
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Usurping Pirate
Tsipras is Capitanich's long lost twin and I claim my $10 .
Jul 15th, 2015 - 10:02 am - Link - Report abuse 0
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ElaineB
@1 That is not going to happen. Don't believe the Daily Mail.

@2 Tsipras has some balls. Shame they were removed by Merkel.
Jul 15th, 2015 - 11:28 am - Link - Report abuse 0
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yankeeboy
Let them go, lazy entitled socialists maybe starving will teach them a lesson.
I won't shed a tear...
Jul 15th, 2015 - 11:35 am - Link - Report abuse 0
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Conqueror
@4. Sorry, I don't agree. Just how many Americans are actually, physically starving? Seems to me that no matter how “poor” they are, they can still manage to shove burgers, pizzas, steak and fries down their throats. All from one plate. What percentage of Americans are clinically obese? Hardly in a position to talk about starving. I thought “starving” was a state Americans reached if they missed lunch.

Yep, the Greeks have made mistakes. And they've been foolish. But a better course of action would have been loans, debt relief AND economic advisers. And as many years to get out of their mess as it took to get into it. Perhaps the Greeks could learn from their past. There was a time in antiquity when wealthy Greeks were required to contribute to the Greek navy, based on an assessment of their wealth. But if they didn't like it, they could change places with another, much poorer, Greek who wasn't required to contribute. In other words, pay your taxes or lose everything.

Perhaps Greece, under Tsipras, knows how to change its economic fortunes. But let's not forget that, at the end of WW2, West Germany revived with US money. How about a 21st century Marshall Plan? Germany had just finished killing how many yanks. But the US gave West Germany at least US$1.448 billion. Call that US$14.29 billion in today's money. But, on the basis of the London Debt Agreement of 1953, Germany had to repay less than 50%.
Jul 15th, 2015 - 12:53 pm - Link - Report abuse 0
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Briton
1@
David has stated that the UK will not pay,
lets hope he keeps his word.
Jul 15th, 2015 - 06:39 pm - Link - Report abuse 0
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